Short term idea LBCBTC
Short term to 7.6-8k then short before proceeding to 9.8k
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Bounced off two resistance lines;
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Timing may be off but expecting such things to play out.
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Sold some here at 7254
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Bought some here at 5631
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Trade still active, if we break 7100-7200 the price could go and test mid 9000's and potentially 10k.
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Breakout good, planning to test 9k
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Expecting some turbulence and traps around 10k, don't get taken out easily.
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Ascending triangle possibly forming, rsi in downtrend.
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looking good, expecting to break the fibonacci line
looking good, expecting to break the fibonacci line
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Broke 20 and 50 EMA on 4h
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Update here
